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Kidman Resources Ltd (KDR.AX)

KDR.AX on Australia Stock Exchange

1.29AUD
20 Oct 2017
Change (% chg)

$-0.03 (-1.90%)
Prev Close
$1.32
Open
$1.32
Day's High
$1.32
Day's Low
$1.27
Volume
1,652,570
Avg. Vol
2,756,553
52-wk High
$1.40
52-wk Low
$0.34

Latest Key Developments (Source: Significant Developments)

Kidman Resources says co and Sociedad Química y Minera de Chile to form JV
Tuesday, 11 Jul 2017 07:36pm EDT 

July 12 (Reuters) - Kidman Resources Ltd :Kidman and Sociedad Química y Minera de Chile (SQM) to form joint venture to develop Mt Holland lithium project.Kidman resources says in consideration for acquisition of a 50% joint venture interest in the mt holland lithium project, SQM will make payments of us$110 million.  Full Article

Kidman Resources seeks trading
Thursday, 6 Jul 2017 07:32pm EDT 

July 7 (Reuters) - Kidman Resources Ltd :Seeks trading halt pending announcement regarding decision in relation to recent court proceedings against Marindi Metals Ltd.  Full Article

Marindi Metals updates on proceedings against Kidman Resources
Tuesday, 18 Apr 2017 07:31pm EDT 

April 19 (Reuters) - Marindi Metals Ltd :Provides the following update regarding the company’s proceedings against Kidman Resources Ltd.Court-Supervised mediation commenced on 18 April 2017 and has been adjourned.A date for further mediation discussions has not yet been set.in absence of a resolution through mediation, matter remains listed for trial in supreme court of Western Australia commencing 29 may 2017.  Full Article

Kidman Resources updates on sale of Burbanks mine
Sunday, 5 Mar 2017 09:30pm EST 

Kidman Resources Ltd : Co and Resources & Energy have been continuing discussions in relation to proposed sale of Burbanks Mine .Transaction is unlikely to proceed under original terms; co is continuing discussions along with other interested parties.  Full Article

Kidman Resources enters notice of appearance in proceedings commenced by MZN in Western Australian Supreme Court
Sunday, 20 Nov 2016 10:43pm EST 

Kidman Resources Ltd : "Remains of the view that MZN’s actions have been opportunistic"; intends to vigorously defend any claims by MZN . Says has not yet been formally served with writ of summons by Marindi Metals despite announcements by MZN that it was commencing legal proceedings . Entered a notice of appearance in proceedings commenced by mzn in Western Australian Supreme Court .Entered a notice of appearance in the proceedings even though MZN has not validly served writ of summons.  Full Article

Kidman Resources updates on Marindi Metal Ltd
Tuesday, 15 Nov 2016 05:33pm EST 

Kidman Resources Ltd : Kidman resources - confirms that it does not have, nor has it ever had, binding agreement with marindi to sell lithium rights at mt holland . Kidman resources ltd- no writ of summons or other documentation relating to any legal proceedings has been served on kidman to date . Kidman resources-"intends to vigorously defend proceedings if writ of summons is served, will continue to update market in relation to this matter" . Kidman resources - has correspondence from legal representatives for marindi metals stating legal proceedings have been commenced against co .Kidman resources- basis for legal proceedings is allegation that kidman and marindi formed binding agreement to sell lithium rights applying to mt holland project.  Full Article

Kidman Resources signs lithium processing MOU with Poseidon Nickel
Tuesday, 26 Jul 2016 06:55pm EDT 

Kidman Resources Ltd : Kidman signs lithium processing mou . Mou with Poseidon Nickel . Proposed transaction is to evaluate possibility of processing lithium at poseidon's lake johnston processing facility . Mou enabling Kidman to use Poseidon'S 1.5 mtpa Lake Johnston concentrator to process lithium ore from the Mt Holland project in wa . Mou provides for Kidman to explore opportunities to either toll treat Mt Holland lithium or for a conventional off take deal .  Full Article

Kidman Resources set to resume production at Burbanks gold mine
Tuesday, 28 Jun 2016 11:43pm EDT 

Kidman Resources Ltd :Production set to resume at Burbanks gold mine in WA.  Full Article

Kidman Resources acquires remaining 20 pct interest in Burbanks and Gunga
Tuesday, 26 Jan 2016 04:39pm EST 

Kidman Resources:Kidman acquires remaining 20 pct interest in Burbanks and Gunga.Deal for total consideration for the acquisition is $1.5 million.Company expects to announce a new contractor shortly for an orderly handover.  Full Article

Kidman Resources agrees to acquire 1moz mt Holland gold field in WA
Saturday, 19 Dec 2015 05:57pm EST 

Kidman Resources:Kidman agrees to acquire 1moz Mt Holland gold field in WA\.Says deal for $3.5 million.Non-binding heads of agreement provides that Kidman shall have the exclusive right to deal with the vendor until 29 February 2016.  Full Article